jain.com

51% JV ownership stake

Company: Applied Digital

Subject kind
acquisition
Statement date
2026-10-23
Promised amount
51.0 percent
Current status
stated

The claim, verbatim

Once the transactions close, Applied Digital will hold a 51% interest in the joint venture, with Soluna retaining 49%.

Source (primary)

Soluna and Applied Digital to build 50 MW AI data center - ET Datacenters (-, news_article)
View cached copy (2026-10-26)Live source ↗Archive.org ↗

Quote: “Once the transactions close, Applied Digital will hold a 51 per cent interest in the joint venture, with Soluna retaining 49 per cent.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Soluna and Applied Digital to build 50 MW AI data center - ET Datacenters

Quote: “Once the transactions close, Applied Digital will hold a 51 per cent interest in the joint venture, with Soluna retaining 49 per cent.”

View cached copy (2026-10-26)Live source ↗Archive.org ↗